Halliburton acquires analytics software platform

9/6/2013

Halliburton acquires analytics software platform

HOUSTON -- Halliburton’s Landmark Software and Services business line has acquired UReason Solution Environment (USE) for real-time analytics. The USE software platform, combined with Landmark’s existing drilling software, will enable operators to capture, process and interpret high-speed data that will help them to better understand the cause and effect of drilling system behaviors, and allow them to make real-time adjustments while drilling.

For example, the software can help determine the likelihood of stuck pipe by comparing real-time data to historical data. The operator can then analyze the circumstances surrounding the stuck pipe and take preventive action to avoid future occurrences.